The Bellamy's Australia Ltd (ASX: BAL) share price was amongst the top performers today with the broader market recording a slight decline, reversing yesterday's gains.
Here's a quick recap:
- S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down 0.3% to 5856 points
- ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) down 0.2% to 5895 points
- AUD/USD at US 75.77 cents
- Iron Ore at US$79.36 a tonne, according to the Metal Bulletin
- Gold at US$1,256.03 ounce
- Brent oil at US$53.02 a barrel
The BAL share price rose 6.2% today, even though Bell Potter decreased its price target on the stock by 14% to $4.21. The shares closed at $4.47 for the day, while the Whitehaven Coal Ltd (ASX: WHC) share price also soared 5.5% higher.
The gold miners were on fire today after gold rebounded to over US$1,250 an ounce. St Barbara Ltd (ASX: SBM) gained 5.4%, Evolution Mining Ltd (ASX: EVN) jumped 3.8% and Regis Resources Limited (ASX: RRL) bounced 4.5%.
The Fortescue Metals Group Limited (ASX: FMG) share price wasn't so lucky after iron ore retreated to below US$80 a tonne. Its shares fell 1.6%.
TPG Telecom Ltd (ASX: TPM) was also in the market's bad books, shedding 2.6% for the session, while Sky Network Television Ltd (ASX: SKT) dropped 2.8%.
And finally, the Vita Group Limited (ASX: VTG) share price crashed 21.1% after the company responded to an article published by Fairfax Media titled "Leak reveals Telstra's considering taking back high performing stores from licensees." The Telstra Corporation Ltd (ASX: TLS) share price also dropped 0.6%.
Here are Tuesday's top stories: